To curb climate change and accelerate the green transition, finance is pivotal. With pioneering pension funds, asset manager, and public investors, Denmark has long been leading the way on ESG and green financing.

While the green transition creates vast employment opportunities, it also calls for upskilling, new labour market policies and investments in human capital. Based on the legacy of public-private partnerships, Denmark shows that job creation and green growth can go hand in hand.

Through sector integration we need to move the energy flows with highest possible efficiency between sectors and transfer the renewable energy to transport, heating and production which today are powered by fossil fuels.

Carbon capture, storage, and utilisation (CCSU) are important tools for reducing emissions and accelerating the green transition. Through technologies like power-to-x, we can use the CO2e we already emit as a sustainable energy and fuel in other sectors. This is the next phase in Denmark’s energy transition.

Energy efficiency is one of the easiest ways to eliminate energy waste, lower energy costs, and reduce the use of fossil fuels. There is great potential for efficiency improvements in every sector, whether it is buildings or industry. Energy efficiency is an embedded part of Denmark’s mindset, as Denmark has worked with energy efficiency measures since the 70s.

Transitioning to sustainable economies and achieving net zero cannot be done by governments alone. Partnerships are key. With this notion, Denmark has established 14 climate partnerships placing the private sector at the heart of green transition.